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Loan Delinquencies Reach 7-Year Low

July 2 - According to the latest Equifax National Consumer Credit Trends Report, the total balance of home finance write-offs year-to-date in May is $43.5 billion, a seven-year low and a decrease of...


Mortgage Performance Improvement Continues, says OCC

June 26 - The performance of first-lien mortgages serviced by large national and federal savings banks improved in the first quarter of 2014, according to a report released by the Office of the...


Report: Independent Mortgage Bankers See 18 Percent Decrease in Loan Production

June 26 - According to the 2014 Trend Report for Independent Mortgage Bankers, loan production among independent mortgage bankers continued to decline in the first quarter of 2014, falling 18 percent...


FHA Issues Warning Over Marketing of Reverse Mortgages

June 25 - The Federal Housing Administration published a Mortgagee Letter  reminding lenders participating in the agency’s Home Equity Conversion Mortgage (HECM) Program to make certain senior...


Housing Starts Show Little Improvement

June 25 - Freddie Mac has released its Multi-Indicator Market Index showing mixed signals for the U.S. housing market. Most housing markets remain weak despite declining mortgage delinquencies,...


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